Are you thinking about renting a villa on the Costa Blanca next year? If so, whether you’ve got your eye on a 4-bedroom villa with a large swimming pool in Aspe, or a 3-bedroom villa close to the shops in La Marina week, you’ll want the best exchange rate.
After all, if the pound is flying high, you’ll receive more euros when you rent a Costa Blanca villa, giving you more spending money! With this in mind, let’s take a look at what could happen to the GBP/EUR exchange rate next year, and how this could benefit you when you rent your dream villa on the Costa Blanca.
The great news is, you could a lot receive more spending money when you rent a Costa Blanca villa in 2019 because the pound looks set to rise. Why? This tells us that the UK will continue to grow solidly this year, in spite of the uncertainties of Brexit.
What’s more, UK chancellor has promised to invest an extra £122 billion in the UK’s infrastructure in the next 3 years too. This could also lift the exchange rate, giving you more euros when you rent a Costa Blanca villa!
Elsewhere, the exchange rate also looks set to strengthen in 2019, giving you more spending money on the Costa Blanca, because there’s a higher chance of populism in the Eurozone.
With all this in mind, 2019 looks like a fantastic time to rent a Costa Blanca villa, as the favourable exchange rate will stretch your budget further! Already, for instance, the pound has strengthened +8 cents against the euro in the last 2 months to 1.16, its strongest since early last year, and could climb higher, looking ahead.
Given this, whether you intend to rent a 4-bedroom detached villa with a BBQ in La Marina, or a 2-bathroom apartment with terraces in La Mata, Now is the fantastic time to do so, as you’ll enjoy more euros to spend!Share